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Coronavirus

Articles 31 - 40 of 227

The Pandemic Effect on the Lease Accounting Standard 842

If there is any one thing we can thank the pandemic for, it is the delay in the Accounting Standard Codification Topic 842 (ASC 842). Public companies

U.S. Car Manufacturing at Risk?

The automotive industry plays a major role in the United States’ economy, comprising approximately 4% of the country’s economic output each

COVID-19 Small Business Tax Relief Legislation Introduced in PA Senate

Pennsylvania Senators Camera Bartolotta and Judy Ward recently introduced legislation to provide additional economic relief through state tax laws to small

Working Remote OH Where are Employee Wages Taxed

Ohio municipal income tax laws often add a layer of complexity for businesses operating within the state. Back in March, as companies scrambled to move

State Tax Nexus Considerations and COVID-19

The onset of the coronavirus pandemic has led to an increase in the number of employees telecommuting for work. While this telecommuting trend may be temporary,

Update on Executive Order Deferring Withholding of Employee Social Security Taxes – What Should an Employer Do?

It’s been almost two weeks since President Trump’s August 8 executive order “directing the Secretary of the Treasury to use his authority”

New FISAP Instructions Under the CARES Act

On August 3, 2020, the Fiscal Operations Report for 2019-20 and the Application to Participate for 2021-22 (FISAP) instructions became available. The reporting

Appeals Process Established for the Paycheck Protection Program

Schneider Downs continues to track the evolving landscape of federal financial programs offered in the wake of the business disruption caused by the coronavirus

Business Interruption Claims and COVID-19 Part Two

(This is an update to Tom Pratt’s April 6, 2020 article, Business Interruption Claims and COVID-19) Many businesses throughout the country continue

IRS Notice 2020-52 Makes Midyear Change To Safe Harbor Plans

On June 29, the IRS issued Notice 2020-52, offering welcome relief for plan sponsors that find themselves in a difficult financial situation as a result

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